Leaders of South Korea and Dubai Agree to Expand Cooperation

Ben Cho, March 27, 2018, 8:52 a.m.

South Korean President Moon Jae-in agreed Tuesday to increase his country's business and economic cooperation with Dubai in a meeting with its ruler Mohammed bin Rashid Al Maktoum. "President Moon agreed to increase and diversify the country's reciprocal and future-oriented cooperation with Dubai, which is a stronghold for our advance into the Middle East and Africa," Seoul's presidential office Cheong Wa Dae said in a press release.

Mohammed also serves as the prime minister of the United Arab Emirates (UAE).  The meeting followed Moon's bilateral summit with Crown Prince of Abu Dhabi Mohammed bin Zayed Al Nahyan on Sunday, in which the two leaders agreed to upgrade the countries' bilateral relationship to a special strategic partnership.

Moon arrived in the UAE on Saturday for a four-day official visit. He came to Dubai earlier in the day following his brief visit to the base of the Akh unit, a South Korean contingent stationed here.

The South Korean leader proposed expanding South Korea-Dubai cooperation to areas including information and communication technology, space development, renewable energy and self-driving cars, according to Cheong Wa Dae.

The UAE prime minister noted that cooperation with South Korea is vital to Dubai, as well as the UAE, in preparing for the fourth industrial revolution, and he expressed hope that the two countries will also work together in creating new growth engines for sustainable growth.

Noting that some 5,000 South Koreans and 100 South Korean firms are already working in Dubai, Moon asked the Dubai ruler to pay personal interest to the safety of South Korean residents and businesses here.

Prime Minister Mohammed expressed hope that more South Korean companies will come to Dubai, calling South Korea an important partner to Dubai, which he said is currently working to build a regional hub linking Asia with Africa and Europe, Cheong Wa Dae said.

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